Philip Wood: Smart legal opinions, digitalisation and insolvency netting (79)
Features
Fred Hobson, Vanshaj Jain: Guardrails on contractual discretions: navigating the content and consequences of the Braganza constraint (81)
Isabella Lewis: Security over e-money: the form of security and blocking (84)
Rebecca Keating: Low or maximum security? Navigating the risks in taking security over AI-generated materials (86)
Akber Datoo: The “digital” answer is always netting … (89)
Henry Warwick, Benn Sheridan: Credit Suisse v Ivanishvili: the door opens to fraud-on-the-market claims under s 90A FSMA (93)
Karl Clowry: Do divergent terms across European leveraged finance documentation really create misunderstanding, mischief and mayhem? (97)
Ben Smiley, Helena Spector: The fraught identification of the wealthy investor as a “consumer” and/or “professional” (102)
Giulia Paladini, Charles Kerrigan: When code meets compliance: the institutional turn in Decentralised Finance (105)
Andy Vickery, Alex Shopow, Jördis Heckt-Harbeck, Guillaume Malaty, George Gooderham: Unlocking the potential: why the EU needs a dedicated securitisation special purpose entity (109)
Vincenzo Bavoso: The growth of private credit in the UK: the “new” threat to financial stability (115)
Phoebus L Athanassiou: Multi-issuance schemes for payment stablecoins: an EU-US comparison (119)
Michael Huertas: Supply chain finance in the EU: Part 2 – fixing enforceability: conflicts of law, true sale and an interoperable e‑notice regime (122)
In Practice
Karan Chopra, Bernard Lung, Tessa Mallia: Acquisition documents: overview of lender considerations (126)
Hywel Jenkins, Ian Thomas, Isobel Salzedo: The shifting focus of regulatory intervention: from enforcement to assertive supervision (128)
Mona Rothwell, Pragesh Sivaguru, Tony Katz: Is “name and shame” here to stay? Court dismisses challenge to FCA’s decision to publicly name (130)
Regulars
Case Analysis by One Essex Court: Mitchell v Al-Jaber and Beneathco DMCC v R.J. O’ Brien Limited (132)
James Palmer: The urgent need for better law and rule making: challenges and solutions (371)
Features
Avinash Persaud: Lesson from the SVG collapse for banking reputation (380)
Kate Sumpter: Re-fencing: the pitfalls, and opportunities, of M&A ofr ring-fenced banks (382)
Jo Windsor: The impact of Pt 26A Restructuring Plans on intercreditor dynamics (385)
Hanif Virji: Wht is collateral special value? (389)
Richard Aikens, Andrew Dinsmore: The practicalities of pleading and proving foreign law in modern financial litigation (392)
Isobel Bull, Brenda Rweyemamu: Time to hit the road: considerations when replacing trustees on secured debt transactions (395)
Richard Lissack, Robin Lööf: Failure to prevent fraud: making up for failure to prosecute? (397)
Elizabeth Ovey: Subrogation and the case of the dissolved co-debtor (400)
Hannah Fearn: Using guarantees for capital relief: legal characterisation matters (404)
Matthew Watson, Sarah Rutnah: Commercial choices: are Braganza duties path to payment under commission agreements? (407)
Elaine Chan, Sion Yoong Tian: Crypto headwinds: an overview of regulations in Singapore, the EU, UK and US (410)
Phoebus L Athanassiou: Retail Central Bank Digital Currencies: core assumptions and legal implications (414)
In Practice
Rebecca Hoskins, Katie Hoyle, Julia Machin: Practical Implications of USD LIBOR panel cessation for „tough legacy” contracts: a brief refresher (416)
Alex Martin, Ellen Marks, Kristine Kozicki: Conflicting signals? Potential impacts of the SEC’s proposed conflicts of interest rule on UK and EU CLO managers (418)
Fiona Henderson, Laura Collins: Embedded finance: Dear CEO (420)
Regulars
Competition Law Update by Kirkland & Ellis International LLP (421)
Case Analysis by Hogan Lovells, 3 Verulam Buildings and a restructuring attorney based in Hong Kong (423)
Luka Lightfoot, James Clarke, Natalie Butchart: I would if I could, but I can’t: the impact of sanctions on finance party interactions in typical debt-financing transactions (511)
Features
Matteo Clarkson-Maciel, Paul Fradley: The Excluded Asset Gap: why floating charges capture realisations of unsecured assets (515)
Charlotte Eborall, Sarah Parker: Bragging rights: termination clauses and implied duties of good faith (518)
Peter de Verneuil Smith, Shail Patel, William Harman: UK securities fraud litigation gains momentum: Autonomy and G4S (521)
Stephan Smoktunowicz: Legal conundrums: taking security from English limited partnerships (524)
Hin Liu, Louise Gullifer: Financial collateral arrangements in the digital asset world (527)
Hanif Virji: Musk v Twitter, it’s not just lawyers who have an opinion on the likelihood of success of the litigation, the market does too! (536)
Amy Held: Cryptoassets as property under English Law: surveying the present lie of the land (538)
Daniel May, Ceri Morgan, Nick May, Susannah Cogman, Minolee Shah: Russian sovereign debt default: a disputes perspective (543)
John Lee: The endgame: issues in enforcement against cryptoassets (545)
Phoebus L Athanassiou: Financial sanctions and the case for digital central bank money (549)
Chris Wallace: Take-off for digital bonds? The EU DLT pilot regime (553)
Michael Huertas: Supervisory tone sharpens further following ECB’s conclusions on its Desk Mapping Review (556)
In Practice
Sanjev Warna-kula-suriya, Mathilde Deschanet: The Draft RTS on ESG disclosures for STS securitisations: a hit or a miss? (559)
Fiona Henderson, Laura Collins:Embedded finance: key considerations for funders of platform borrowers (560)
Sohail Ali, Suhail Mayor: The “crypto crash”: a catalyst for further crypto litigation? (561)
Regulars
Book Review by Charles Ho Wang Mak (562)
Case Analysis by One Essex Court and Latham & Watkins (563)